No benefit enhancement provided for by § 24-10-610 shall be implemented if it would cause the publicly supported retirement system's unfunded actuarial accrued liabilities to exceed a thirty-year amortization. No benefit enhancement provided for by § 24-10-610 shall be implemented by any publicly supported system which has unfunded actuarial accrued liabilities being amortized over a period exceeding thirty (30) years until the unfunded actuarial accrued liability is reduced to a level less than the standards prescribed by § 24-1-101 et seq.
Structure Arkansas Code
Title 24 - Retirement And Pensions
Chapter 10 - Arkansas Local Police And Fire Retirement System
§ 24-10-602. Annuity generally
§ 24-10-604. Voluntary retirement
§ 24-10-605. Compulsory retirement
§ 24-10-607. Disability retirement — Definition
§ 24-10-608. Death of member in paid service
§ 24-10-609. Death of member in volunteer service
§ 24-10-610. Limitations on death and disability annuities
§ 24-10-611. Termination of covered employment
§ 24-10-612. Redetermination of benefits
§ 24-10-613. Disposition of accumulated contributions
§ 24-10-614. Payment of reserve value
§ 24-10-615. Suspension of payments upon request
§ 24-10-616. Subjection of benefit rights to legal process
§ 24-10-617. Survivor health benefits
§ 24-10-618. Limitation on benefits granted by Acts 1997, No. 765
§ 24-10-619. Limitation on benefits granted by Acts 1997, No. 1136